OpenAI Eyes More Investments After Removing Clause That Shuts Microsoft Out Of Advanced Models
Dec 07, 2024 - digitalinformationworld.com
OpenAI is considering removing a clause that would prevent Microsoft from accessing the company's latest models after the development of artificial general intelligence (AGI). This move aims to unlock more investment opportunities by changing the current terms. If the clause is removed, Microsoft would be able to continue investing and accessing all technology from OpenAI after AGI is developed. The clause was originally put in place to protect against commercial misuse and provide ownership to the non-profit board.
The AGI system, according to the creators of ChatGPT, is made from commercial and IP licensing. The company is working hard to discuss options and make this deal a reality for better future prospects. This news comes after OpenAI closed a funding round of nearly $6.6B last month, valuing the company at approximately $157B.
Key takeaways:
OpenAI is considering removing a clause that would prevent Microsoft from accessing the company's latest models after the development of artificial general intelligence (AGI).
The clause was originally designed to protect against misuse for commercial purposes, providing ownership to the non-profit board.
The removal of this clause could open up more investment opportunities for Microsoft and allow them to continue accessing all tech from OpenAI after AGI is developed.
Last month, OpenAI closed a funding round of nearly $6.6B, valuing the company at approximately $157B.
